Summary

Bank of New York Mellon Beats

Bank of New York Mellon (BK) reported 3rd Quarter September 2024 earnings of $1.52 per share on revenue of $10.3 billion. The consensus earnings estimate was $1.41 per share on revenue of $4.5 billion. The Earnings Whisper number was $1.42 per share. Revenue grew 15.5% on a year-over-year basis.

Bank of New York Mellon Corporation is a global investment company. Its business segments are: Investment Management and Investment Services. Its other segments includes credit-related services, the leasing portfolio, corporate treasury activities.

Earnings Release

BNY Reports Third Quarter 2024 Results

NEW YORK, Oct. 11, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, has reported financial results for the third quarter 2024. The company's earnings release along with the quarterly financial highlights and other earnings-related documents are available at www.bny.com/investorrelations. Management will host a conference call and simultaneous live audio webcast at 11:00 a.m. ET today. This conference call and audio webcast will include forward-looking statements and may include other material information.

Conference Call and Audio Webcast Access
Investors and analysts wishing to access the conference call and audio webcast may do so by dialing +1 800-390-5696 (U.S.) or +1 720-452-9082 (International), and using the passcode: 200200, or by logging onto www.bny.com/investorrelations.

Conference Call and Audio Webcast Replays
An archived version of the third quarter conference call and audio webcast will be available beginning on October 11, 2024, at approximately 2:00 p.m. ET through November 11, 2024, at www.bny.com/investorrelations.

About BNY
BNY is a global financial services company that helps make money work for the world – managing it, moving it and keeping it safe. For 240 years BNY has partnered alongside clients, putting its expertise and platforms to work to help them achieve their ambitions. Today BNY helps over 90% of Fortune 100 companies and nearly all the top 100 banks globally to access the money they need. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals, and so much more. As of September 30, 2024, BNY oversees $52.1 trillion in assets under custody and/or administration and $2.1 trillion in assets under management.

BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Headquartered in New York City, BNY employs over 50,000 people globally and has been named among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators. Additional information is available on www.bny.com. Follow on LinkedIn or visit the BNY Newsroom for the latest company news.

Contacts:

Investors
Marius Merz
+1 212 298 1480
marius.merz@bny.com

Media
Garrett Marquis
+1 949 683 1503
garrett.marquis@bny.com

View original content:https://www.prnewswire.com/news-releases/bny-reports-third-quarter-2024-results-302273922.html

SOURCE BNY